Author

Topic: [ANN][GRS] Groestlcoin | 1st to activate Segwit | Building Lightning Network - page 235. (Read 558212 times)

legendary
Activity: 872
Merit: 1010
Coins, Games & Miners
Would like to add the following to the Performance document:

CardHashrateSettingsOSDriver
AMD 6550D (APU 3850)606Kh/s-I 13Windows 7 SP 1catalyst 13.1
XFX R9 2909.12 Mh/s-I 21 -w 512Ubuntu 13.10fglrx 13.25

Will be receiving soon-ish a 750ti, will be reporting back Wink
hero member
Activity: 812
Merit: 1000
full member
Activity: 182
Merit: 100
Having a fast decrease like 6%/week is good, don't decrease it ! Many miners come with this feature in mind.
In other hand, you can increase it if you "give" something in exchange (POS)
hero member
Activity: 812
Merit: 1000
Id like tio get people's views on the mining rewards / block reduction

At the current rate we're mining the coins fast.

Should we increase block size reduction (e.g. 6% > 12% > 24%)  or something else to extend the mining time for this coin?

thanks in advance for your thoughts.

Bloc reward reduction is already pretty fast. If you want to increase it, why not, if there is POS.

or conversely we reduce from 6%> 5% >4% >3% etc to slow the decrease up a bit
full member
Activity: 182
Merit: 100
Id like tio get people's views on the mining rewards / block reduction

At the current rate we're mining the coins fast.

Should we increase block size reduction (e.g. 6% > 12% > 24%)  or something else to extend the mining time for this coin?

thanks in advance for your thoughts.

Bloc reward reduction is already pretty fast. If you want to increase it, why not, if there is POS.
hero member
Activity: 812
Merit: 1000
Id like tio get people's views on the mining rewards / block reduction

At the current rate we're mining the coins fast.

Should we increase block size reduction (e.g. 6% > 12% > 24%)  or something else to extend the mining time for this coin?
^not like this

thanks in advance for your thoughts.
legendary
Activity: 1456
Merit: 1000
Blackcoin is backed up by a blackcoin multipool where miners mine other coins and buy blackcoins.  that is what is pushing the value.

If you are going to do PoS, why not increase the total distribution of coins and then become a twitter tipbot?
hero member
Activity: 812
Merit: 1000
Pure POS will kill this coin. This coin doesn't need POS, because it has ultimate algo. This coin is like a diamond in millions copies of scrypt/scryptN/x11/other coins. I will continue in mining of this coin the whole year. Summer is coming.

+1

NVIDIA optimizations (coming)
+
CPU optimizations (coming)
+
reduced ASIC advantage with parallelization resistance (proven)
+
and possible ARM port (in the works)

= Holy Grail of mining PoW algos
hero member
Activity: 826
Merit: 501
in defi we trust
hi devs,
we should change GRS to a POS coin,look at the price of BC,FAC,etc,It is POS coin's world now.

And now from thinking about the miners we go to totally kill them  ? Smiley)))
sr. member
Activity: 434
Merit: 250
Pure POS will kill this coin. This coin doesn't need POS, because it has ultimate algo. This coin is like a diamond in millions copies of scrypt/scryptN/x11/other coins. I will continue in mining of this coin the whole year. Summer is coming.
Gotta agree maybe mix of POS and POW but not pure POS for sure.
jox
hero member
Activity: 681
Merit: 500
Pure POS will kill this coin. This coin doesn't need POS, because it has ultimate algo. This coin is like a diamond in millions copies of scrypt/scryptN/x11/other coins. I will continue in mining of this coin the whole year. Summer is coming.
full member
Activity: 182
Merit: 100
hi devs,
we should change GRS to a POS coin,look at the price of BC,FAC,etc,It is POS coin's world now.

Good idea

We maybe can add a poll for voting.


The important thing also is to make the coin evolving. A "static" coin can be a good thing, but a "dynamic" coin is better.(but have to keep moving in the right direction, not just for moving)
POS is a good idea i think, but i don't know how to. But POW+POS is better than POS only no ? One of the big thing of Groestlcoin is his GPU friendlyness algo, and multi plateform fairness. So, without mining...
full member
Activity: 192
Merit: 100
incr & decr to current ~1000 satoshi price.
it may have started already on mintpal
sr. member
Activity: 300
Merit: 250
4mnth old Miner :-)
Anyone up for a little sunday pump & dump? Grin

you mean increase then uncrease ?
full member
Activity: 192
Merit: 100
Anyone up for a little sunday pump & dump? Grin
sr. member
Activity: 266
Merit: 250
hi devs,
we should change GRS to a POS coin,look at the price of BC,FAC,etc,It is POS coin's world now.

That is a possibility. We are thinking of implementing mixed POS/POW.

But before doing it, I think we need to know what GRS community thinks about it.
full member
Activity: 231
Merit: 100
hi devs,
we should change GRS to a POS coin,look at the price of BC,FAC,etc,It is POS coin's world now.
Jump to: